The Good Investor's MentalITy - Do You Have IT? 123

The Good Investor’s Mentality Quiz has come from experiences gained through the last 15 years of investing and primarily reflects conversations and readings from great investors and thinkers. This is a quiz about great investors, not great traders, which are two different animals. The overarching attributes that seem to make a great investor are the ability to let logic dominate emotion, a focus on understanding knowable factors, a self-awareness of what is unknown or unknowable, and a constant mission to refine and improve their process. Take the quiz and remember that great investing is a mindset, no a skill-set. Unfortunately attitudes are harder to change than knowledge, but just like other great investors, you can put systems and discipline in place to help foster a culture with the “great investor” mindset (hyperlink system and discipline and link to www. Alphatheory. Com/demo). “Success in investing doesn't correlate with I. Q. Once you're above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing. ” – Warren Buffett, Legendary Investor“Part of being successful in the markets is being in control of your emotions and making decisions for the right reasons, not the wrong reasons. And the more you can stay in touch with that and what’s going on in your head, then I think the more successful you can be. ” –Steven